Differentiation is Perfect

IIPM PUBLICATION
But in reality, we’ve seen that differentiation is implemented everywhere. In some situations, it just takes more time or because of labor laws, it costs more to let people go. But differentiation should never be rushed, anyway. Full-fledged implementation cannot – and should not – occur until an appraisal system has been up and running for about three years. People have to get used to candid feedback and the concept of pay for performance. Now, we’re certainly not going to claim that differentiation is perfect. Every management practice has flaws. But we know of no better way than differentiation for companies to build great teams. And neither, we have found, do its critics!

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Source : IIPM Editorial, 2006

An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative

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